The New York Times, which owns nearly 17 percent of New England Sports Ventures (NESV), the parent company of the Boston Red Sox, is...

The New York Times, which owns nearly 17 percent of New England Sports Ventures (NESV), the parent company of the Boston Red Sox, is looking to unload the stake for more than $100 million. The newspaper giant, which also owns the Boston Globe, bought the share in 2002 for about $75 million but already sold a portion of it for about $9 million, according to Reuters. NESV, which also owns Fenway Park and half of the NASCAR team Roush Fenway Racing, is considered a proactive ownership group, and in October, it completed the purchase of the UK’s Liverpool Football Club.